DIVIDEND

   

Interim Dividend Cents Per Share

 

Final Dividend Cents Per Share

 

Year ended 30 June 2018

   2.5 cents   2.3 cents

 

DRP Issue Price

      $1.61  

Record Date

   13 March 2019   14 Sept 2018  

Payment Date

   27 March 2019   28 Sept 2018  
           

 

DIVIDEND POLICY

The current policy, subject to business performance, market conditions and regulatory requirements, is that the annual dividend paid will be in the range of 50 to 70% of annual net profit after tax. TIL Logistics intends to pay dividends semi-annually, typically in September and March of each year, and to impute dividends fully, if possible given the level of imputation credits available.  

Please note: TIL Logistics’ dividend policy is subject to change at any time.

Visit NZX.com for more information about TIL Logistics’ dividend payments, including imputation credits.

 

DIVIDEND REINVESTMENT PLAN

On 28 August 2018, the company established a Dividend Reinvestment Plan which offers eligible shareholders the opportunity to reinvest any dividends received on some or all of their existing shares, into additional shares, free of brokerage charges.

Dividend Reinvestment Plan Offer Document and Participation Form